Forum Moderators: buckworks
So I am wondering how the ROI of radio ads compares to web ads?
Does anyone have knowledge of how to purchase and setup a large radio campaign? I haven't found a clear source for rates and to purchase ads. Any advice?
Thanks
Tom
Don't let that put you off too much, the station we were on is (I think) quite small, and so it may not be comparible with a large advertising campaign. Also the product we sell has a trial period which customers won't have got through yet. I'll post back in a week or so and let you know if we had any boost in sales.
I don't think there is a single source or rate for purchasing radio advertising. I think each station/network would have their own rates (which would be dependant on audience) and you'd probably have to negotiate directly with your chosen station(s).
Setting up a radio campaign shouldn't be much different from setting up other marketing campaigns. There are probably special marketing gurus within the field.
To get rates and info about purchasing ads I guess all you have to do is call up a couple of radio stations?
Most of the sales reps are pretty good at recommending the type of ads you need for your particular business. The station will even do the production for you. They'll furnish announcers, music, copywriters, anything you need. Give them a call, and be prepared to evaluate their proposals seriously before you sign a contract.
Try the American Association of Advertising Agencies (aaaa.org) for an agency in your area.
(assuming you are in the U.S.)
Steve
I am interested in a nationwide campaign
Best (and only, IMHO) bet is to go through an ad agency. They'll have a media buyer on staff who will know how to buy nationally.
There's not a decent central system like what we're used to having online. You actually need someone that knows what they're doing.
I have done a few radio ad campaigns from the other side - meaning, I wrote the copy when I worked for advertising agencies a few years back...
From the business side, you will need to go through an advertising agency to produce the ad and buy media time for you.
I think that the main issue for you will be to find the the best outlet for what you are trying to sell. Internet advertising can be very specific and radio hits all kinds of people in a lot of places. So it really depends what you are selling.
Gil Schoenberg
Advertising consultant
Allcharge
Skydog, that's a pretty short sighted comment. There is such a huge market of customers who don't actively shop online. It's up to merchants to seek them out. A proactive marketing mindset is the difference from making a few thousand and a few million.
There are tons of people who have a specific hobby or interest that they are really involved in but who still refuse to believe that you are a really serious company until they see you in print. Then when they call and actually get to talk to a live person and not a call routing system, "Please press one of English, press two Martian, press three for psychotic mumbling, if unsure press four and we disconnect", they get excited about finding a great source for their interests and tell their friends.
I thought I was doing really well before, but I now realize what a large population segment I was missing. I'm not saying that this will work or be appropriate for all industries, but it sure worked for me.
A good piece of advice is to research what the competition is doing. If they are not buying TV or radio spots then you should probably reconsider.
The best advertising is busting butt, usually. I do a lot of calling people on the phone and talking with them if they're media. I encourage you to make news, send out press releases and call the radio DJs, paying attention to the rules of what makes a good story.
I'm working on this same thing myself. (more press releases, more press releases...) A mentor of mine spends only a few dollars on advertising annually but is managing a nultimillion dollar business. The trick is that he puts his product in a newsworthy space. It's just beer -- but it's a mean, aggressive, arrogant beer that looks down its nose at mere mortals. If you see it on the shelf or you meet one of his reps, you know there's some controversy and something worth getting to know.
I encourage you to spend less and market more. Make sure people in your space and the related media know who you are by picking up the phone and chatting with them. Adopt a newsworthy approach to product presentation.